CryptoSlate Daily wMarket Update – Dec. 5: Red day for top 10 sees Dogecoin leading losses

The cryptocurrency marketplace headdress saw nett outflows of $17.52 cardinal and presently stands astatine $851.46 cardinal — down 2% from $868.98 cardinal implicit the past 24 hours.

Since the weekend, Bitcoin’s marketplace headdress fell 2.5% to $326.62 cardinal from $332.08 billion. Meanwhile, Ethereum’s marketplace headdress fell 3% to $153.81 cardinal from $158.54 billion.

Over the past 24 hours, the apical 10 cryptocurrencies each recorded losses. Dogecoin saw the astir important drawdown implicit the period, losing 5.7% of its value. Meanwhile, Bitcoin fared best, losing 1.8% implicit the reporting period.

Source: CryptoSlate.com

Since the past report, the marketplace caps of Tether (USDT) and BinanceUSD (BUSD) saw flimsy increases to $65.58 cardinal and $22.10 billion, respectively. In comparison, USD Coin (USDC) experienced a flimsy alteration to $43.22 billion, respectively.

Bitcoin

Bitcoin mislaid 1.8% to commercialized astatine $16,989 arsenic of 07:00 ET. Its marketplace dominance remained level astatine 38.3%.

Over the past 24 hours, Bitcoin sold off, uncovering enactment astatine $16,869. Since bottoming, the starring cryptocurrency has been ranging successful a constrictive set betwixt $16,907 and $17,102.

Source: TradingView.com

Ethereum

ETH posted 3% losses implicit the past 24 hours to commercialized astatine $1,256 arsenic of 07:00 ET. Its marketplace dominance fell to 18.0% from 18.2% implicit the reporting period.

Ethereum’s terms show mirrored Bitcoin’s. Support was recovered astatine $1,247, starring into a choky trading scope that saw a caller section debased of $1,242 astir 06:00 (ET).

Source: TradingView.com

Top 5 Gainers

Numeraire

NMR is the day’s biggest gainer, increasing by 39.7% implicit the past 24 hours to $16.7283 arsenic of property time. The token continues its run, up 48% implicit the erstwhile week. Its marketplace headdress stood astatine $98.5 million.

Cartesi

CTSI gained 32.5% implicit the reporting play to commercialized astatine $0.14974 arsenic of property time. Its marketplace headdress stood astatine $97.22 million.

Celsius

CEL is up 22.1% successful the past 24 hours to commercialized astatine $0.64846. The bankruptcy tribunal gave support to the steadfast to statesman enactment connected its reorganization program which has buoyed the token. Its marketplace headdress stood astatine $154.89 million.

UMA

UMA accrued by 12.4% to $1.93809 implicit the past 24 hours. Its marketplace headdress stood astatine $133.63 mgensoillion.

GensoKishi Metaverse

MV grew by 10.8% to commercialized astatine $0.21634 astatine the clip of press. Its marketplace headdress stood astatine $369.79 million.

Top 5 Losers

WEMIX

WEMIX is today’s biggest loser falling 13.1% to $0.67744 implicit the reporting period. The gaming level is experiencing volatility; contempt today’s loss, WEMIX remains up 59.5% implicit the week. Its marketplace headdress stood astatine $165.73 million.

MAGIC

MAGIC decreased 11.3% implicit the past 24 hours to $0.52789. The token gained 88% implicit the past week. Its marketplace headdress stood astatine $93.53 million.

GMX

GMX fell 7.6% to commercialized astatine $50.9742 arsenic of property time. Its marketplace headdress stood astatine $407.32 million.

DAO Maker

DAO mislaid 7.9% of its worth to commercialized astatine $0.90053 arsenic of property time. Its marketplace headdress stood astatine $82.92 million.

Hashflow

HFT fell 6.9% implicit the reporting play to $0.48120 astatine property time. The token continues to merchantability off, down  38.7% implicit the past month. Its marketplace headdress stood astatine $79.62 million.

The station CryptoSlate Daily wMarket Update – Dec. 5: Red time for apical 10 sees Dogecoin starring losses appeared archetypal connected CryptoSlate.